It Figures

February 22, 2009

$210 Million

Amount sought by a Baltimore man who alleges in a lawsuit that rogue police officers violated his civil rights in a public strip search. Thirty-five-year-old Navy veteran Daryl Martin is suing the city Police Department, former commissioner Leonard Hamm and several officers. Martin says he was held at gunpoint and stripped in front of about 30 onlookers after a traffic stop in April 2006. It’s the second federal lawsuit filed in less than a year alleging abuses by members of a police “Special Enforcement Team” that has since been dismantled.

$22 Million

Federal grant given to Connecticut, New York and New Jersey that will help insurance and financial services workers who are losing their jobs because of the financial crisis on Wall Street. Governors of the states have predicted the region would lose about 160,000 financial sector jobs by the end of 2008 and 82,000 more by the end of 2009. The governors and senators from each state had originally sought a combined $48.2 million.

9.9 Million

The number of Americans ensnared by identity theft in 2008, a 22 percent rise from 2007. The good news, however, is that the cost per incident — including unrecovered losses and legal fees — fell 31 percent to $496, according to Javelin Strategy & Research.

$250,000

Fine paid by Zurich American Insurance Co. to the state of New York for charging unfiled rates on its errors and omissions policy for veterinarians. The New York Insurance Department said Zurich entered into a stipulation agreement over the fine on Christmas Eve last year.

23

Minimum number of arsons that have struck the area of Coatesville, Pennsylvania over the last two months. The scourge of fires has prompted officials to declare an 8 p.m. curfew for those under 18.

Topics New York

Was this article valuable?

Here are more articles you may enjoy.

From This Issue

Insurance Journal Magazine February 23, 2009
February 23, 2009
Insurance Journal Magazine

Agency Salary Survey; Boats and Marinas; Agribusiness/Farm and Ranch